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that final question is spain any closer to winning the final big bang. for the country do you think or is this going to avert it now. i'd be surprised if this is the final bailouts. i think there are a lot of problems in many countries that we have no clue yet exists. i think there's going to be a long line of bailouts and the question is can can we keep paying for them i think there will be a time when there simply won't be enough money for the next bailout when that happens then policy change it's something similar that happened in new zealand in the eighty's they ran out of money and as a result they have to talk back government spending as a subsidy you have to bribe the ties but that's one incident started booming and that's when it comes to the growing again that's what has happened here as well we need to run out of money first the government run out of money before it will change its policies unfortunately because the european union is very big and a lot of countries have a lot of money it's going to take a long while for this to happen a slow de
that final question is spain any closer to winning the final big bang. for the country do you think or is this going to avert it now. i'd be surprised if this is the final bailouts. i think there are a lot of problems in many countries that we have no clue yet exists. i think there's going to be a long line of bailouts and the question is can can we keep paying for them i think there will be a time when there simply won't be enough money for the next bailout when that happens then policy change...
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is focused on the top four banks in spain. and a report an independent report commissioned by the spanish government back in june found that while they estimated that the banks would need sixty two billion euros to rescue the banking system and of course many thought at the time that the figure was quite conservative. of course since since. the summer the situation has deteriorated in spain. whereby unemployment has carried on rising loans having crease now to a record of close to eleven percent of outstanding loans and one would expect that the situation will deteriorate so yes i think this will be the first of probably more of them more than one tranche one indeed you mention the employment there already more than twenty five percent in spain is this sustainable. well the situation is deteriorating especially youth unemployment under. twenty five year old says believe around fifty four percent which is a disastrous figure and the situation is likely to get worse before it gets better if this is disastrous then as you say is
is focused on the top four banks in spain. and a report an independent report commissioned by the spanish government back in june found that while they estimated that the banks would need sixty two billion euros to rescue the banking system and of course many thought at the time that the figure was quite conservative. of course since since. the summer the situation has deteriorated in spain. whereby unemployment has carried on rising loans having crease now to a record of close to eleven...
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bus spain's banking bailout eurozone finance ministers reconvene in brussels as madrid makes an official request for the e.u. to rescue its wheat banks. in live here at the new sensor thanks for being with us from some britain have some of the israeli ambassadors in their countries to get on says over why more settlements have been authorized in disputed lands near east jerusalem the un and the you've also said that israel's construction plans pose a threat to future peace negotiations now more from a middle east correspondent pull the slip. that's happening in an area known as anyone known what it effectively means is that the voice that include will be cutoff instruments to them this announcement is widely perceived as punishment against the palestinians for number one going to the un was with this by the number two winning it essentially winning a bird that sees the palestinian state being recognized within nine hundred sixty seven borders and given non observer nonmember observer status at the united nations now we're also hearing criticism of some european ambassadors european diplo
bus spain's banking bailout eurozone finance ministers reconvene in brussels as madrid makes an official request for the e.u. to rescue its wheat banks. in live here at the new sensor thanks for being with us from some britain have some of the israeli ambassadors in their countries to get on says over why more settlements have been authorized in disputed lands near east jerusalem the un and the you've also said that israel's construction plans pose a threat to future peace negotiations now more...
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spain has made a formal request for the e.u. fund this to help it spotted banks the deal will be discussed at the eurozone finance meeting underway in brussels details now than from artie's paper all of. spain has requested nearly forty billion euros worth of financial aid to help its crippled banking system this money will be distributing with thirty seven billion euros going toward spain's four nationalized banks and two point five billion going toward spain's so-called bad bank now the cash should be ready for distribution by around the twelfth of december finance ministers meeting in brussels they're expected to ok this cashiering as part of their monthly meeting but what it does mean for spain is that they join the likes of portugal and italy along with greece as countries who are entering this festive period hardly full of the joys of christmas regarding their finances the spanish people who showed in the recent past that they are very much upset with the current situation in their country and the fact that the government'
spain has made a formal request for the e.u. fund this to help it spotted banks the deal will be discussed at the eurozone finance meeting underway in brussels details now than from artie's paper all of. spain has requested nearly forty billion euros worth of financial aid to help its crippled banking system this money will be distributing with thirty seven billion euros going toward spain's four nationalized banks and two point five billion going toward spain's so-called bad bank now the cash...
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spain has been doing okay. for as long as i can continue, there isn't really any prospecs of spain asking for help. but i think the market knows that if spain does ask for help, there's always the back stop of the omt and that's why spain is doing what it's doing. so so far so good. >> starting to get ahead of a heavy 2013 program. will that throw out problems? >> i think they're pursuing the right strategy. the big difference on this front between italy and spain is that italy has a big fall in redemptions next year when it takes off pressure for sly flex year. spain has the opposite problems, a rise next year. so it's technically done for this year and the reason it's funding is to take some of the pain away from next year. and again these options get done and it isn't a big drama. they do have to get digested. but the primary dealers do take the bontds down and i'll expect no difference different on wednesday. >> so for the moment, no pressure relatively speaking. and yet we're now looking at the downgrades
spain has been doing okay. for as long as i can continue, there isn't really any prospecs of spain asking for help. but i think the market knows that if spain does ask for help, there's always the back stop of the omt and that's why spain is doing what it's doing. so so far so good. >> starting to get ahead of a heavy 2013 program. will that throw out problems? >> i think they're pursuing the right strategy. the big difference on this front between italy and spain is that italy has...
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spain has made a formal request for e.u. funds to help its battered banks the deals being discussed in other eurozone finance meeting currently underway in brussels just last week the european commission approved a thirty seven point five billion euro bailout package for the country's banking sector stressing that madrid has met all conditions now to receive the tranche marco pierre poly economist and financial consultant believes this bailout won't do spaniards any good though. back in june. the spanish government had requested an independent audit on their banking system. and. came up with a number of sixty two billion euros that that was needed. and many at the time thought that that was again quite a conservative number expecting the economy to do better and any since then of course situation has deteriorated in spain unemployment has risen especially youth unemployment and i have heard figures that the banking system will need to shrink by something like sixty thousand. people caught all of. these banks will need to shr
spain has made a formal request for e.u. funds to help its battered banks the deals being discussed in other eurozone finance meeting currently underway in brussels just last week the european commission approved a thirty seven point five billion euro bailout package for the country's banking sector stressing that madrid has met all conditions now to receive the tranche marco pierre poly economist and financial consultant believes this bailout won't do spaniards any good though. back in june....
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spain now leads -- need less than originally assumed. the situation has improved. >> another trouble spot is cyprus. the country needs a bailout of between 10 billion euros and 17 billion euros. officials are waiting for our report on the island's banks. >> we now turn to our brussels correspondent. can you give us more details on how the buyback plan came about? >> the buyback program is supposed to help greece reduce its debt within a short period of time. that is a vital condition for the next tranche of funds that greece needs can be paid out. they gave the green light last week to pay out the money. they said they needed to have the greek debt burden reduced. the country is now trying to do that. it has put 20 bonds out on the market earlier this year. it is offering to buy them back at a very attractive price for investors. if that is successful, then international lenders can pay out some 35 billion euros next week. >> a luxembourg finance minister has said there is no plan b. what if the greek that is not reduced enough -- greek
spain now leads -- need less than originally assumed. the situation has improved. >> another trouble spot is cyprus. the country needs a bailout of between 10 billion euros and 17 billion euros. officials are waiting for our report on the island's banks. >> we now turn to our brussels correspondent. can you give us more details on how the buyback plan came about? >> the buyback program is supposed to help greece reduce its debt within a short period of time. that is a vital...
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long-term bond yields are long-term bond yields are falling sharply in spain, for instance, and showing positive signs, among others, that point to a gradual return of confidence to the euro area. >> noyer noted borrowing costs for spain, france and other countries in the region have declined that he pointed out is due in part to a european central bank program to buy bonds of debt-ridden nations. the governor also said a stable bond market is necessary for every central bank to implement effective monetary policy. >>> most nuclear powers plants in japan are offline after last year's disaster. another energy-saving campaign is now under way to avert power shortages this winter. the government and power companies are calling on households and businesses to reduce electricity usage through late march. this is to cope with heating demand during the cold season. the campaign covers all parts of the country except for the southern most prefecture of okinawa. officials are asking customers in hokkaido, japan's coldest region, to cut back on energy use by 7% from the level before the nuclear a
long-term bond yields are long-term bond yields are falling sharply in spain, for instance, and showing positive signs, among others, that point to a gradual return of confidence to the euro area. >> noyer noted borrowing costs for spain, france and other countries in the region have declined that he pointed out is due in part to a european central bank program to buy bonds of debt-ridden nations. the governor also said a stable bond market is necessary for every central bank to implement...
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now some other news this hour spain has made a formal request for e.u. funds to help its battered banks a deal will be discussed at a eurozone finance ministers meeting in brussels later on monday last wednesday the european commission approved a thirty seven point five billion euro bailout package for spain's banking sector stressing that madrid has met all conditions to receive the charge of the country was granted a banking bailout of up to one hundred billion euros only this year. career says it's looking to reroute all passenger planes over the yellow sea is to avoid any possible collision with deborah from a long range missile that north korea is planning to the launch later this month meanwhile in japan is deploying missile interceptors saying they're prepared to down the rocket if it poses a threat in says the rocket will take a satellite into orbit the u.s. and south korea and japan claim it's carrying out intercontinental ballistic missile tests. two officers have died and two more were injured in northwest pakistan when an explosion hit a poli
now some other news this hour spain has made a formal request for e.u. funds to help its battered banks a deal will be discussed at a eurozone finance ministers meeting in brussels later on monday last wednesday the european commission approved a thirty seven point five billion euro bailout package for spain's banking sector stressing that madrid has met all conditions to receive the charge of the country was granted a banking bailout of up to one hundred billion euros only this year. career...
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civilizations and immerses himselfs in cultures and languages and took multiple trips to study abroad in spain, italy, morocco. perhaps most importantly chris knew how to relax and enjoy the moment. when i would periodically freak out about my course work or some o ther problem i thought i had he would make me stop and take a break, play a game of back gammon on the balcony and enjoy the view. it was an early lesson in the zenlike mindfulness of chris. no wonder he exceled in such a challenging and stressful career. i don't want you to think chris was perfect. after extensive research we came up with at least one or two blemishes on his record, sort of. in the interest of time i'm leaving out inappropriate limericks about philosophers. the only time i saw him lose his temper is when we were sharing a double room in the last year. some of the lessen lightened brethren decided to make a bunch of noise during finals week. when yelling at these guys didn't do the trick, chris burst out of bed, ran out onto the balcony, grabbed a water fire extinguisher and let them have it. he seemed much less ang
civilizations and immerses himselfs in cultures and languages and took multiple trips to study abroad in spain, italy, morocco. perhaps most importantly chris knew how to relax and enjoy the moment. when i would periodically freak out about my course work or some o ther problem i thought i had he would make me stop and take a break, play a game of back gammon on the balcony and enjoy the view. it was an early lesson in the zenlike mindfulness of chris. no wonder he exceled in such a challenging...
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i don't really get many questions or have many debates about greece or spain anymore. i think there's definitely a back burner element to what's going on in europe as people focus whether it happens on january 1st or not on the fiscal cliff. >> let me follow up with that real quick. here's the thing -- the greek situation, which was driving the market negativity a few months ago, is the same, roughly, as it was then. but yet we've conveniently forgotten about it because the fiscal cliff. >> i don't think is that people forgot about it. the ecb has gone a long way toward mitigating tail risk across the region, lowering volatility. as intention has increasingly focused on spain and italy, i think people at this point have pretty much written greece off. i think there is still a widespread belief following the german elections that debt burden is going down in the official sector, just a matter of how much. >> gina sanchez, this is live tv of course. good to have you back up and running. we have climbed the wall of worry many, many times. quite often when we climb that wa
i don't really get many questions or have many debates about greece or spain anymore. i think there's definitely a back burner element to what's going on in europe as people focus whether it happens on january 1st or not on the fiscal cliff. >> let me follow up with that real quick. here's the thing -- the greek situation, which was driving the market negativity a few months ago, is the same, roughly, as it was then. but yet we've conveniently forgotten about it because the fiscal cliff....
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in spain, the unemployment rate for young adults is around 50%. in the united states, college graduates are leaving school with an average of $24,000 in student loan debt into labor market for their age group that has not been as bad as it is today since the depression or the 1940's. the smallest thing can trigger a crisis now. it is a powder keg. on the other hand, along with this crisis is a powerful new set of tools that have arrived so breakthrough is also possible. we have a decision to make. let me talk about the sharing economy and how it plays into this. we define it broadly. we see it as a shift from a top- down factory model of society to a pear to peer network model of society. large corporations further consolidate wealth and power in the old system. the emerging sharing economy is democratizing wealth and decision making in new networking modes of production, consumption, and governance. the sharing economy is driven by economic, environmental, and social crisis, also new technologies come a new culture of sharing, and a new generatio
in spain, the unemployment rate for young adults is around 50%. in the united states, college graduates are leaving school with an average of $24,000 in student loan debt into labor market for their age group that has not been as bad as it is today since the depression or the 1940's. the smallest thing can trigger a crisis now. it is a powder keg. on the other hand, along with this crisis is a powerful new set of tools that have arrived so breakthrough is also possible. we have a decision to...
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first up spain formally requesting aid to restructure four weakest banks. eu bailout fund totaling 36.5 euros and will be released next week. >>> ford recalling more than 73,0002013 escape crossovers and nearly 16,000, 2013 sedans because they can overheat and catch fire. they are equipped with 1.6 liter ecoboost engines. >>> online sales topping $13 billioners during the first month. comscore says sales jumped 15% over one year ago led by $1.47 billion sales in one day on cyber monday. >>> strikes at ports of los angeles and long beach continuing for a sixth day over a dispute. 10 of the 14 cargo terminals are closed. >>> united airlines giving employees bonuses after reporting the best on time performance of this year last month. buds buzz. that is today's speed read. david: i think it was within the that period the bell was ringing. david: deadline to reach a deal on the fiscal crisis is fast approaching. it is causing some investors to play it safe. we have a legendary money manager says it is time to take risk. the gridlock in d.c. is not stopping him
first up spain formally requesting aid to restructure four weakest banks. eu bailout fund totaling 36.5 euros and will be released next week. >>> ford recalling more than 73,0002013 escape crossovers and nearly 16,000, 2013 sedans because they can overheat and catch fire. they are equipped with 1.6 liter ecoboost engines. >>> online sales topping $13 billioners during the first month. comscore says sales jumped 15% over one year ago led by $1.47 billion sales in one day on...
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austria's unemployment rate stands at 4.3% while both spain and greece top 25% with youth unemployment in both those countries near 60% news out of the midwest about the economy could bode well for today's national ism number. the chicago mni index---also known as known as pmi---shows a rating of 50.4 for november. a number above 50 indicates economic expansion. joining us now is alyce andres-frantz of chicago mni report. good morning. how are you summing up this latest report? are these numbers good enough? if you look at this report optically it looks very good. you have production up---employment tracking production. you have supplier deliveries lengthening and prices paid up big this month. when you take those four together you think wow this is a really great number but the big key here is new orders down. 5.3 plunging deeper into contraction at 45.3. it's the lowest level since june 2009. this is the biggest weight to this business barometer and this is the thing that held it down this month. you also have a situation this month where we have order backlogs up but still in contra
austria's unemployment rate stands at 4.3% while both spain and greece top 25% with youth unemployment in both those countries near 60% news out of the midwest about the economy could bode well for today's national ism number. the chicago mni index---also known as known as pmi---shows a rating of 50.4 for november. a number above 50 indicates economic expansion. joining us now is alyce andres-frantz of chicago mni report. good morning. how are you summing up this latest report? are these...
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the tensions are easing in this italy and spain. let's show where we are, in spain, for example. you see the way in which the yields are down there. again, the spanish market is rallying. jpmorgan believes the rally and peripheral bond markets will continue because institutions will be forced into the core, because it's expensive not to be invested there. if you like. and at the same time, because they think that -- actually, yields at this level are still too high for the ecb. don't fight the ecb, is the message from jpmorgan. buy where we are at the moment. let's show where we are on italian debt. and you'll see again the yields have fallen in milan. there you go. and if you look at the spread, the difference between italian debt and german debt, that fell below 300 basis points today for the first time since march. into the fray, and i think this is very important. jim o'neill at goldmans on cnbc today, did you catch it, he thinks because of the fiscal cliff here in the united states, increaseingly investors are moving into europe. check out what he had to say. >> i detect mor
the tensions are easing in this italy and spain. let's show where we are, in spain, for example. you see the way in which the yields are down there. again, the spanish market is rallying. jpmorgan believes the rally and peripheral bond markets will continue because institutions will be forced into the core, because it's expensive not to be invested there. if you like. and at the same time, because they think that -- actually, yields at this level are still too high for the ecb. don't fight the...
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now to some breaking news this spain has made a formal request even funds to help bail out its writ banks this after a stress test commissioned by the european union revealed earlier this year that there's a fifty nine billion euro deficit in the spanish banking sector any of the details of this developing story as we get it. other world news now south korea says it's looking to reroute all passenger planes over the yellow sea is to avoid any possible conclusion with daybreak from a long range missile that north korea is planning to launch later this month meanwhile japan is deploying missile interceptors saying they're prepared to down the rocket if it poses a threat insists the rocket will take a satellite into orbit but the u.s. south korea and japan claim it's carrying out intercontinental ballistic missile tests. two officers have died in two more injured in northwest pakistan but an explosion hit a police van the vehicle was patrolling the outskirts of the city of peshawar however it's unclear how the bomb was detonated in cities located in pakistan's volatile tribal region is often
now to some breaking news this spain has made a formal request even funds to help bail out its writ banks this after a stress test commissioned by the european union revealed earlier this year that there's a fifty nine billion euro deficit in the spanish banking sector any of the details of this developing story as we get it. other world news now south korea says it's looking to reroute all passenger planes over the yellow sea is to avoid any possible conclusion with daybreak from a long range...
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disabled people in spain staged a massive protest against government cuts in health care due to austerity measures more than ten thousand people turned out for the demonstration many in wheelchairs or with guide dogs of the spanish government is struggling to deal with the country's debt crisis which has left one in four people on employ. prime minister. has won the presidential election in slovenia he got twice as many votes as the incumbent to turn the ballot was held only two days after anti austerity protests in the capital erupted in the clashes that left fifteen people injured and it is the country's that deepening economic crisis. as that is likely to top of the new president's agenda when he takes power. america's silicon valley got where it is today through the imagination of the world's brightest brains but they didn't do it alone pioneering for an entrepreneur has helped mold its reputation but as the discovered that's in jeopardy has strict visa rules mean they're a dying breed puts the silicon valley. lots of sharing helping each other even competitors will help each other so
disabled people in spain staged a massive protest against government cuts in health care due to austerity measures more than ten thousand people turned out for the demonstration many in wheelchairs or with guide dogs of the spanish government is struggling to deal with the country's debt crisis which has left one in four people on employ. prime minister. has won the presidential election in slovenia he got twice as many votes as the incumbent to turn the ballot was held only two days after anti...
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disabled people in spain staged a mass protest against government cuts in health care due to austerity measures more than ten thousand people turned out for the demonstration many in wheelchairs or with guide dogs the spanish government is struggling to deal with the country's debt crisis which has left one in four people unemployed. c.c.t.v. footage shows that the moment a tunnel collapsed in japan claiming the lives of at least nine people authorities are unclear as to how many people are still trapped rescue efforts have been hampered by thick smoke after some of the vehicles caught fire police have launched an investigation into the incident. prime minister. has won the presidential election in slovenia he got twice as many votes as the incumbent turk the ballot was held only two days after anti austerity protests in the capital erupted into clashes that left fifteen people injured in the country's deepening economic crisis isn't likely to top the new president's agenda winning a very takes power. coming up some adventurous russians reenact the historic march towards paris during t
disabled people in spain staged a mass protest against government cuts in health care due to austerity measures more than ten thousand people turned out for the demonstration many in wheelchairs or with guide dogs the spanish government is struggling to deal with the country's debt crisis which has left one in four people unemployed. c.c.t.v. footage shows that the moment a tunnel collapsed in japan claiming the lives of at least nine people authorities are unclear as to how many people are...
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disabled people in spain staged a mass protest against government cuts in health care due to austerity measures more than ten thousand people turned out for the demonstration mainly in wheelchairs or with the guide dogs spanish government is struggling to deal with of the country's debt crisis which has left one in four people unemployed. now after the break our two traces the emergence of the occupy movement as it spread across the us with the intention of giving a voice to the ninety nine percent. the legacy no one should be proud. of scrap metal littering pristine arctic landscape building stilton over their foundation. black smoke over the snow covered peaks the traces of the. bergen archipelago don't make a pretty picture the guiding principle here is the worse the better locals like to tell the story that back in soviet times where no regions were visiting barons were they don't want to. and how prosperous this was well times have. changed by this so it lags say still attracting tourists or barons work i would then cons watch native cash that's why while. our goal is common as wa
disabled people in spain staged a mass protest against government cuts in health care due to austerity measures more than ten thousand people turned out for the demonstration mainly in wheelchairs or with the guide dogs spanish government is struggling to deal with of the country's debt crisis which has left one in four people unemployed. now after the break our two traces the emergence of the occupy movement as it spread across the us with the intention of giving a voice to the ninety nine...
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the road map is greece, italy, spain, all over europe but the president thinks you can tax-and-spend your way to prosperity. >>neil: what the administration throws back on the issue is take a look at italy and greece, austerity has worked. you say what? >>guest: they have a strange definition. alwaysst either to them means higher taxes in europe and the united states austerity means less spending. i am in favor of the right definition of austerity. the balkan countries got out of the mess and now they are doing well economically because they cut, not just cut spending in the washington sense of increasing it at a slower rate they spent less one year after the other and now they are out of the trouble. if you understand the right definition of austerity is the way to go, the problem is in most of europe it means higher taxes, obama wants to give us the bad part of europe, without the good part. >>neil: thank you very much. they are not cutting anything. just slowing the growth. rebound and former president bill clinton hitting the links. this is a photo from last year. what we don't k
the road map is greece, italy, spain, all over europe but the president thinks you can tax-and-spend your way to prosperity. >>neil: what the administration throws back on the issue is take a look at italy and greece, austerity has worked. you say what? >>guest: they have a strange definition. alwaysst either to them means higher taxes in europe and the united states austerity means less spending. i am in favor of the right definition of austerity. the balkan countries got out of...
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now, european nations including britain, spain, france, sweden, denmark, have all "summoned israeli ambassadors" to their capital cities in protest. officials say it is unlikely they will go through the more formal process of recalling their diplomats. david lee is live in jerusalem. how is israel's responding to this, david lee? >>reporter: a short time ago we talked to a source in the prime minister's office. he said and i quote, "the decision stands." what we talking about, and it is important we be clear, the 3,000 or so housing units you mention that would be in jerusalem as well as the west bank. israel, at the same time, made another decision saying in the planning stages, are another settlement expansion, this one in an area that the israelis identify as e1, 4 1/2 square miles outside of jerusalem and it is much more of a problem because the palestinians say if there is no construction in the area outside of jerusalem, they will not be able to have contiguous land and cannot have a palestinian state, and what they will be stuck with is, essentially, a crazy quilt of patchwork territory
now, european nations including britain, spain, france, sweden, denmark, have all "summoned israeli ambassadors" to their capital cities in protest. officials say it is unlikely they will go through the more formal process of recalling their diplomats. david lee is live in jerusalem. how is israel's responding to this, david lee? >>reporter: a short time ago we talked to a source in the prime minister's office. he said and i quote, "the decision stands." what we...
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at the end of that journey the destination is greece or spain or italy. melissa: right. >> we have to figure out how to get control of intitlements. the while house refuses to have adult conversation about that. melissa: neither of these proposals, neither side gets us closer to closing the enormous gap you're talking about. i say over and over again and if this was your household and bills were so far out of line with what the revenue was you could get very serious very quickly. these people do not seem to do that. for republicans is it looking more and more palatable to go over the cliff at this point? >> depends on how dogmatic obama is. like selling a car on craig's list and put it up for 5,000 and really take 4500. someone offers you 4,000. this is classic negotiating. we have to be serious. this isn't just a game. we're not playing poker on a thursday night. if we don't get fix our fiscal problem, by the way to give republicans credit, i just don't want to attack them, they passed the ryan budget earlier this year and last year and that actually doe
at the end of that journey the destination is greece or spain or italy. melissa: right. >> we have to figure out how to get control of intitlements. the while house refuses to have adult conversation about that. melissa: neither of these proposals, neither side gets us closer to closing the enormous gap you're talking about. i say over and over again and if this was your household and bills were so far out of line with what the revenue was you could get very serious very quickly. these...
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spain, notice the wheelchairs in the crowd of protesters. 10,000 people taking to the streets of madrid, angry that government cutbacks will crush people with disabilities. the austerity measures reducing services, closing specialty centers and laying off care workers. france, a coded letter sent in 1812 by na popoleon bonaparte, saying that force that was then. now selling for more than $243,000. that's a wrap on the fox trip around the world in 80 seconds. disaster in a state left devastated by superstorm sandy, but this one man made. a train carrying toxic car ge goes off the track and people forced from their homes for days now, and now, another setback in the cleanup efforts. and also, we've all seen our fair share of silly criminal stories, come on admit it, they never get old. and why this pair of ban did i understand could take the cake. >> i think this'll be on world's dumbest criminals, they came in here unequipped and unprepared and ended up leaving their vehicle here. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to
spain, notice the wheelchairs in the crowd of protesters. 10,000 people taking to the streets of madrid, angry that government cutbacks will crush people with disabilities. the austerity measures reducing services, closing specialty centers and laying off care workers. france, a coded letter sent in 1812 by na popoleon bonaparte, saying that force that was then. now selling for more than $243,000. that's a wrap on the fox trip around the world in 80 seconds. disaster in a state left devastated...
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textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. bp has paid overthe peo
textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you can stay in and share something... ♪ ♪ ...or you can get out there...
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not so positive in spain. these countries were deeply committed to your position. no tax increases. >> those states were bankrupted by their overspending. >> no one wanted to pay for it. >> the modern republican party wants less taxes and lower spending. they passed a ryan plan which reforms entitlements, reforms taxes, doesn't raise taxes. it's the democrats who don't have a legislative budget. >> make the case for why you view this the president making a truly balanced approach to not just solving this problem but really moving the economy forward. >> well, he has. and first of all, let's be clear. the way you get massive tax increases, $5 trillion tax increases, is if you go over the fiscal cliff. what the president has said, let's just ask higher income individuals to contribute a little more to reduce our deficit to prevent that from happening. the president has taken a balanced approach. look, we already entered into $1 trillion in cuts which we'll have to enforce and implement over the next 10 years, including, by the way, cuts in defense. you mentioned defe
not so positive in spain. these countries were deeply committed to your position. no tax increases. >> those states were bankrupted by their overspending. >> no one wanted to pay for it. >> the modern republican party wants less taxes and lower spending. they passed a ryan plan which reforms entitlements, reforms taxes, doesn't raise taxes. it's the democrats who don't have a legislative budget. >> make the case for why you view this the president making a truly balanced...
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. >> simon: earlier this year, they made their longest flights yet, from switzerland to spain, and then across the mediterranean to morocco and back. for the flight around the world, they will be in the air 20 days and 20 nights... >> bonjour, le maroc! ( cheers and applause ) >> simon: ...with several stops so the pilots can take turns. flying over the swiss alps is pleasant enough, but think about it-- i can't move, i can't stand up. and if you want to think about a really pleasant thought, the toilet is built into the seat so you've got to figure out how to do that one way or another. andre has already done this for 72 hours, but when the time comes for the big flight, it'll take five days and five nights over the pacific. nothing like that has ever been done in a plane before. and there is nothing they can do now to make it less dangerous. the plane is so light, a bad storm could dump it into the pacific. it likes the sun but isn't fond of clouds. the cockpit is an oven by day and an ice box by night. and the plane itself can be temperamental. it flies well at 30 miles an hour, but
. >> simon: earlier this year, they made their longest flights yet, from switzerland to spain, and then across the mediterranean to morocco and back. for the flight around the world, they will be in the air 20 days and 20 nights... >> bonjour, le maroc! ( cheers and applause ) >> simon: ...with several stops so the pilots can take turns. flying over the swiss alps is pleasant enough, but think about it-- i can't move, i can't stand up. and if you want to think about a really...
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spain same story. so when you bnk our package and what's been offered so are far which appears like $1.6 trillion in tax hikes against $400 billion of entitlement cuts over time, that's an even worse mix than the two-thirds/one-third european structure that really has gotten a negative reaction. >> how much is because of the mix and how much of it just this is what austerity looks like? >> is the money in capping deductions or raising marginal tax rates? it's in capping deductions. but that's tough because you have to tell someone no like the housing lobby or charitable contributions. >> capping deductions seems line the easiest. >> it should be, but remember, you'll have lobbyists pushing you on it. so that's tougher decision rather than raising taxes on one small part of the population and then on the spending side, making those long term spending cuts is the only way of stabilizing debt. the sink guegle biggest driver medicare. so if we don't make those tough decisions now, all we've done is a europ
spain same story. so when you bnk our package and what's been offered so are far which appears like $1.6 trillion in tax hikes against $400 billion of entitlement cuts over time, that's an even worse mix than the two-thirds/one-third european structure that really has gotten a negative reaction. >> how much is because of the mix and how much of it just this is what austerity looks like? >> is the money in capping deductions or raising marginal tax rates? it's in capping deductions....
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you've put the water and put the cap on and in 2 minutes it will be heated up in spain. it comes with two different brushes -- in 2 minutes you will beatbox cleaning with skiingcleaning withsream. areas like the grout uktea in to get into those spaces and blow away the grease and grime with out chemicals. >>host: normally you do half to windows after your spray chemicals. you could use water with the bissell there is nothing else to buy. you just felt it with let it heat up and then let it do its job.getting two of them that is huge.@ retail that would be $78 but you are not spending that today is 2 flex payments of just about $30. we are just scratching the surface of what this does. >>guest: use this on many different surfaces such as title or your refrigerator. it would to a great job without chemicals. anyplace with food is the perfect solution. do not rely on chemicals. steam will clean and sanitize all the areas it will be perfect. are preparing food certainly the coffeepot all of those areas you can blasted away. you clean this event? all you can do is steam kit a
you've put the water and put the cap on and in 2 minutes it will be heated up in spain. it comes with two different brushes -- in 2 minutes you will beatbox cleaning with skiingcleaning withsream. areas like the grout uktea in to get into those spaces and blow away the grease and grime with out chemicals. >>host: normally you do half to windows after your spray chemicals. you could use water with the bissell there is nothing else to buy. you just felt it with let it heat up and then let...
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impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses have led to an increase intands clinical depression. drug and alcohol abuse is up. and those dealing with grief don't have access to the professional help they need. when you see these issues, do you want to walk away or step up? with a degree in the field of counseling or psychology from capella university, you'll have the knowledge to make a difference in the lives of others. let's get started at capella.edu and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud j
impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks,...